NOT LISTED FOR SALE

2722 Old Burnt Store Rd N Cape Coral, FL 33993

Burnt Store Neighborhood

Estimated Value: $621,272 - $750,000

0.24 Acre
$2,808,807 Price per Acre
10,624 Sq Ft Lot

Last Sold March 18, 2021

Last sale price $79,999

Est. 756% increase in value since last sale

Current estimated payment $4,476/month

472 Days on Market

Highlights

  • Boat Dock
  • Waterfront
  • Oversized Lot
  • Cape Elementary School Rated A-
  • Canal Access
  • Brush Vegetation

About This Lot

As of March 2021

CALLING ALL BOATERS!!!! PRICED TO SELL!!! Welcome to the NEW Northwest... NO BRIDGES on this DIRECT SAILBOAT ACCESS RESIDENTIAL LAND... Come BUILD your DREAM HOME on this OVERSIZED WESTERN EXPOSURE LOT.... WATCH BEAUTIFUL FLORIDA SUNSETS!!! North Spreader located minutes away and a beautiful boat ride to Pine Island, Matlacha, Useppa Island, Boca Grande, Cayo Costa, Cabbage Key... & other surrounding islands!!! BEST FISHING in SW FLORIDA... DON'T let this WONDERFUL & AFFORDABLE OPPORTUNITY in PARADISE pass you by!!

Last Agent to Sell the Property

Paulette Hamilton

Sun Realty License #258021346 Listed on: 11/01/2019

Last Buyer's Agent

Jerry Niesman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,129

Lot Details

  • 10,624 Sq Ft Lot
  • Lot Dimensions are 85 x 125 x 85 x 125
  • Waterfront
  • East Facing Home
  • Brush Vegetation
  • Oversized Lot
  • Property is zoned R1-W

Property Views

  • Water Views

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 14 / 5165
  • Assessor Parcel Number 25-43-22-C3-05165.0140

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,129

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.2439
  • Lot Size: 85 x 125 x 85 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Head west on Pine Island Road. Burnt Store Road Turn Right, Then 1st left turn onto Ceitus Parkway turns into Old burnt Store Road.. Follow down property will be located on the left. West side
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot
  • View: Water
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Direction Faces: East
  • Property Condition: To Be Built

Utilities

  • Sewer: None
  • Utilities: None, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 25-43-22-C3-05165.0140
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1129.0
  • Tax Block: 5165
  • Tax Lot: 14
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Mar 17, 2021
Sold by
Mtm Falls Smoothie Llc
Bought by
Sposen Signature Homes Llc
Seller's Agent
Paulette Hamilton
Sun Realty
Buyer's Agent
Jerry Niesman
List Price
$79,999
Sold Price
$79,999
Current Estimated Value
$685,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,069
Avg. Annual Appreciation
62.20%

Purchase Details

Closed on
Jun 27, 2012
Sold by
Karam Building Corporation
Bought by
T D Acquisitions Llc

Purchase Details

Closed on
Mar 23, 2005
Sold by
Land & Sea Holdings Llc
Bought by
Karam Building Corp

Purchase Details

Closed on
Dec 5, 2003
Sold by
Dalessandro Frank
Bought by
Teri Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
5.98%

Purchase Details

Closed on
Dec 14, 2000
Sold by
Austin Rita L and Austin Douglas
Bought by
Dalessandro Frank
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sposen Signature Homes Llc $79,999 Stewart Title
T D Acquisitions Llc $23,500 Stewart Title Company
Karam Building Corp $269,900 --
Land & Sea Holdings Llc $230,000 --
Teri Russell $82,500 --
Dalessandro Frank $10,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teri Russell $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $79,999 0.0% --
02/16/2021 02/16/21 Pending -- -- --
11/01/2019 11/01/19 For Sale $79,999 -- --
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,911 $550,223 $262,857 $237,510
2023 $2,121 $107,910 $0 $0
2022 $1,843 $66,199 $66,199 $0
2021 $1,197 $49,000 $49,000 $0
2020 $1,125 $44,000 $44,000 $0
2019 $1,067 $42,000 $42,000 $0
2018 $1,082 $42,000 $42,000 $0
2017 $1,129 $46,754 $46,754 $0
2016 $1,025 $40,000 $40,000 $0
2015 $1,022 $40,000 $40,000 $0
2014 -- $38,430 $38,430 $0
2013 -- $34,800 $34,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219072711

Florida Gulf Coast Multiple Listing Service

APN: 25-43-22-C3-05165.0140